PPP Loan information for City college inc

$1,975,000

City college inc was initially approved for PPP Loan of amount $1,975,000, the current approved amount is $1,975,000. The loan was approved on 04/14/2020 by The Truist Bank reported 314 jobs and $1,975,000 was used to fund payroll.

City college inc is Existing or more than 2 years old

CITY COLLEGE INC

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

CITY COLLEGE INC

Borrower Address

2000 W commercial BLVD suite 200

Borrower City

FORT LAUDERDALE

Borrower State

FL

Borrower Zip

33309

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1975000.00

Current Approval Amount

1975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT LAUDERDALE

Project County Name

BROWARD

Project State

FL

Project Zip

33309-0001

CD

FL-20

Jobs Reported

314

NAICS Code

611210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1975000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1993762.50

Forgiveness Date

03/31/2021

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